Marriott CEO Arne Sorenson Discusses Protea acquisition
Arne Sorenson, CEO & president of Marriott International, discusses his company's acquisition of the largest hotel company in Africa. Marriott International, Inc. became the largest hotel company in Africa according to published information, and nearly doubled its presence in its Middle East and Africa region to more than 160 hotels and 23,000 rooms as it completed its acquisition of the 116-hotel Protea Hospitality Group (PHG), based in...
Arne Sorenson, CEO & president of Marriott International, discusses his company's acquisition of the largest hotel company in Africa. Marriott International, Inc. became the largest hotel company in Africa according to published information, and nearly doubled its presence in its Middle East and Africa region to more than 160 hotels and 23,000 rooms as it completed its acquisition of the 116-hotel Protea Hospitality Group (PHG), based in South Africa. Marriott now operates or franchises more than 4,000 hotels in 79 countries.